Originally Posted by
tdracer
An infinitesimally small amount of the money spent on stock buy-back went to the execs - over 99% directly benefited the general stockholders. In fact, run of the mill Boeing employees are among the largest stockholders - either through direct ownership or via their 401k accounts.
While the long term wisdom of stock buy-backs are open to debate, there is no question is an effective way to give back to the company stockholders when the company is highly profitable.